Kotak Mahindra Asset Management plans to launch its first private credit fund, aiming to raise around 10 billion rupees. This move follows other firms like Nippon Life India and ICICI Prudential entering the direct lending market. The fund will focus on performing credit and is expected to launch by December after regulatory approvals.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.